Michael McKiernan Auhtor Headshot Image

Michael McKiernan

Michael is a freelance legal affairs reporter who has been covering law and business since 2010.

OTPP board faces class action from own members over FTX investments OTPP board faces class action from own members over FTX investments

Regulation

OTPP board faces class action from own members over FTX investments

Pension fund lost US$95 million in crypto exchange collapse

By Michael McKiernan |January 15, 2025

4 min read

CRA updates rein in ‘overbroad’ mandatory disclosure regime CRA updates rein in ‘overbroad’ mandatory disclosure regime

Tax News

CRA updates rein in ‘overbroad’ mandatory disclosure regime

Administrative changes are welcome in an area fraught with uncertainty

By Michael McKiernan |August 26, 2024

4 min read

Mixed bag for Canadian non doms as U.K. scraps special tax status Mixed bag for Canadian non doms as U.K. scraps special tax status

Tax News

Mixed bag for Canadian non doms as U.K. scraps special tax status

New regime proposes taxation on worldwide assets after four years’ residency

By Michael McKiernan |August 23, 2024

8 min read

CPP death benefit ripe for broader reform CPP death benefit ripe for broader reform

Estate Planning

CPP death benefit ripe for broader reform

Indexation or increase would make the amount more meaningful, industry observers say

By Michael McKiernan |August 7, 2024

5 min read

Tax advisors on high alert as revamped GAAR takes effect Tax advisors on high alert as revamped GAAR takes effect

Tax News

Tax advisors on high alert as revamped GAAR takes effect

The revised anti-avoidance rules represent a shift in the CRA’s approach

By Michael McKiernan |July 3, 2024

4 min read

Court OKs non-CCPC tax planning Court OKs non-CCPC tax planning

Tax News

Court OKs non-CCPC tax planning

Ruling could have limited application, however, since Bill C-59 will legislate non-CCPC planning out of existence

By Michael McKiernan |May 22, 2024

4 min read

Budget softens mandatory tax disclosure regime Budget softens mandatory tax disclosure regime

Tax News

Budget softens mandatory tax disclosure regime

While financial advisors are still subject to the rules, the budget change could undermine lawyers' Charter challenge

By Michael McKiernan |April 23, 2024

3 min read

Court resurrects fiduciary duty claim against investment advisors Court resurrects fiduciary duty claim against investment advisors

Industry

Court resurrects fiduciary duty claim against investment advisors

Decision should be a 'wake-up call' to advisors: lawyer

By Michael McKiernan |April 18, 2024

4 min read

CRA’s focus on real estate audits paying off CRA’s focus on real estate audits paying off

Tax News

CRA’s focus on real estate audits paying off

Agency assessed $2.7 billion in additional tax and penalties from 2015 to 2023

By Michael McKiernan |April 8, 2024

3 min read

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